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Evolution and stages of China’s economic inequality from 1978 to 2018

Regional economic inequality has long been a prominent problem in China’s national economic and social development. In this study, the centre of gravity (CG) model is employed to reveal the spatiotemporal patterns and stages of China’s economic inequality in 1978–2018, and the characteristics of dif...

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Autor principal: Guo, Yuanzhi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10358941/
https://www.ncbi.nlm.nih.gov/pubmed/37471353
http://dx.doi.org/10.1371/journal.pone.0288873
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author Guo, Yuanzhi
author_facet Guo, Yuanzhi
author_sort Guo, Yuanzhi
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description Regional economic inequality has long been a prominent problem in China’s national economic and social development. In this study, the centre of gravity (CG) model is employed to reveal the spatiotemporal patterns and stages of China’s economic inequality in 1978–2018, and the characteristics of different stages are explored. The results show that China’s economy achieved rapid growth at an average annual growth rate of 9.4% in 1978–2018. Due to the spatial heterogeneity of the location and the unbalanced development strategy, there was a significant economic gradient between eastern and western China. Spatially, there was a notable increase in the agglomeration of GDP and the added value of the three industries, and their CGs moved southwestward as a whole. According to the evolution of regional differentiation characteristics, combined with key historical events, China’s economic inequality from 1978 to 2018 could be divided into four stages, i.e., the stages of economic inequality led by institutional reform (1978–1991), market mechanisms (1992–2003), regional coordination (2004–2012), and socioeconomic transformation (2013–2018). The alternation of these four stages reflects how to scientifically deal with the relationship between efficiency and equity in economic development.
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spelling pubmed-103589412023-07-21 Evolution and stages of China’s economic inequality from 1978 to 2018 Guo, Yuanzhi PLoS One Research Article Regional economic inequality has long been a prominent problem in China’s national economic and social development. In this study, the centre of gravity (CG) model is employed to reveal the spatiotemporal patterns and stages of China’s economic inequality in 1978–2018, and the characteristics of different stages are explored. The results show that China’s economy achieved rapid growth at an average annual growth rate of 9.4% in 1978–2018. Due to the spatial heterogeneity of the location and the unbalanced development strategy, there was a significant economic gradient between eastern and western China. Spatially, there was a notable increase in the agglomeration of GDP and the added value of the three industries, and their CGs moved southwestward as a whole. According to the evolution of regional differentiation characteristics, combined with key historical events, China’s economic inequality from 1978 to 2018 could be divided into four stages, i.e., the stages of economic inequality led by institutional reform (1978–1991), market mechanisms (1992–2003), regional coordination (2004–2012), and socioeconomic transformation (2013–2018). The alternation of these four stages reflects how to scientifically deal with the relationship between efficiency and equity in economic development. Public Library of Science 2023-07-20 /pmc/articles/PMC10358941/ /pubmed/37471353 http://dx.doi.org/10.1371/journal.pone.0288873 Text en © 2023 Yuanzhi Guo https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Guo, Yuanzhi
Evolution and stages of China’s economic inequality from 1978 to 2018
title Evolution and stages of China’s economic inequality from 1978 to 2018
title_full Evolution and stages of China’s economic inequality from 1978 to 2018
title_fullStr Evolution and stages of China’s economic inequality from 1978 to 2018
title_full_unstemmed Evolution and stages of China’s economic inequality from 1978 to 2018
title_short Evolution and stages of China’s economic inequality from 1978 to 2018
title_sort evolution and stages of china’s economic inequality from 1978 to 2018
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10358941/
https://www.ncbi.nlm.nih.gov/pubmed/37471353
http://dx.doi.org/10.1371/journal.pone.0288873
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